Smart Share Global (EM) Extends Share Buyback, Announces Management Changes
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Smart Share Global Limited Announces Extension of Share Repurchase Program and Changes to Management Team
September 18, 2023 8:00 AM EDTSHANGHAI, China, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Energy Monster or the Company), a consumer tech company providing mobile device charging service, today announced the extension of its share repurchase program and changes to management team.
EXTENSION OF SHARE REPURCHASE PROGRAM The Companys board of directors (the Board) authorized a further 12-month extension to its existing share repurchase program (the Share Repurchase Program) through September 27, 2024. The Share Repurchase Program was originally approved by the Board on September 28, 2021, under which the Company may repurchase up to US$50.0 million of its shares... More
